Big U.S. Treasuries Wagers Bet Against Election Fireworks
- New Treasury volatility trades bet against significant moves
- Trades pay out if yields are little changed following the vote
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The latest big options wagers on Treasuries are bucking the trend of betting on a tempestuous U.S. election.
One trader spent around $2.5 million on Tuesday on a bet that Treasuries will experience just modest declines following the Nov. 3 vote. The other eye-catching position was a hefty punt on the weeks following the vote, calling for bond yields to remain stuck in a range.